News

News

October
6, 2006, Vancouver, BC -- El Niņo Ventures Inc. ("El Niņo") (TSX.V:
ELN; OTCBB: ELNOF; Frankfurt: E7Q) )
announces a non-brokered private placement of up to496,133
flow-through common shares at a purchase price of $0.75 per common share
for gross proceeds of up to $372,100.

A
finder's fee of up to 7% may be paid in shares and 10% may be paid in
warrants.

The
proceeds of the private placement will be used to satisfy the Company's
exploration commitment for the Bathurst Zinc / Base Metals Mining Camp
in New Brunswick.

The
foregoing is subject to regulatory approval.

About
El Niņo Ventures Inc.

El
Niņo is an exploration stage company currently developing an aggressive
global acquisition strategy.Our
business model is to revisit former mining regions, apply new
technologies to advanced stage exploration targets, and aggressively
acquire new projects.Our
present focus is on Canada, Alaska, and Eastern / Central Europe.In Canada, El Niņo has an Option / Joint Venture with Xstrata
Zinc to explore the world class Bathurst Zinc / Base Metals Mining Camp
in New Brunswick.El Niņo
is also exploring for uranium in the Bancroft uranium camp in Ontario.El Niņo is currently negotiating on new projects in Alaska, and
Europe.

On
Behalf of the Board of Directors,

Jean
Luc Roy

President
& COO

The
TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release

CUSIP#
28335E-10-6

This
news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than statements
of historical fact, included herein are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the
Company's documents filed from time to time with the British Columbia
Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or
sell securities of this company.